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schakowsky says there's no way a deal can be reached and if union workers don't get the health care benefits they want may walk out, this after unions are making moves across the board in business that have put certain firms out of business. we've got the debate coming up. what are you up to? oh, just diagramming this accident with my state farm pocket agent app. you can also get a quote and pay your premium with this thing. i thought state farm didn't have all those apps? where did you hear that? the internet. and you believed it? yeah. they can't put anything on the internet that isn't true. where did you hear that? [ both ] the internet. oh look. here comes my date. i met him on the internet. he's a french model. uh, bonjour. [ male announcer ] state farm. more mobile than ever. get to a better state. twins. i didn't see them coming. i have obligations. cute obligations, but obligations. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investor
'm sure it will. i agree with you. >>> the other story, tensions mounting in michigan as union workers are protesting a bitterly distributed right-to-work bill. nbc's rob mott now with the details. >> reporter: good day to you from the michigan state capital where we saw a lot of protesters out here protesting two measures that the house passed today that would bar unions from forcing people to join those unions as a condition of employment. sometime tomorrow governor rick schneider is expected to sign them into law make michigan the 24th right-to-work state in the country, joining a lot of others where the gop has majority in the state legislatures. now, a lot of these workers today were dismayed at the timing of all of this. this is taking place during a lame duck session of the legislature when a new body is being sworn in here, and in a month's time it's going to have a few more democrats than we saw here today, so when i sat down with the governor this afternoon i asked him why not delay this just a little bit longer, let a new body come in and give workers and people around the s
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be wiped out. australia got rid of their death tax. even the former soviet union russia got rid of their death tax. countries around the world figure out it makes no sense to tax and tax and tax again. get rid of it. >> actually 28 out of 34 of the oecd advanced economy countries have either a wealth tax or estate tax. so factual error number one. number two, you're absolutely right. if you were to completely abolish this which nobody is talked about except dan mitchell, i guess. you'd be talking about something like half a trillion dollars of revenue lost over the next ten years. where you're going to get that from? you're going to get that from programs that help lower income people or the middle class themselves. now you're talking about literally a transfer from the top .2%. not 2%. but this tax only hits the two in 1,000 most wealthy estated. .2%. and that's because of the exemptions we were talking about. currently $5 million for an individual, $10 million for a couple. this is a rare atmosphere up there. it would be a huge hit to the deficit. >> jared, it's not your money
was that he took money from the company because he wanted to use it to bribe union officials. >> not so. >> not so. >> that was his excuse. he didn't do it. >> we're talking about walmart in the 2000s here, that's what we're talking about, so he was not -- was he running walmart in the 2000s? >> earlier. >> absolutely. he was a major figure. >> let me ask the professor a question. do you have anything to substantiate that walmart said get your costs down? we don't care how you do it. that's what you said. >> i just mentioned. >> no, no, no. you said -- you said walmart, get your costs down, we don't care how you do it. >> yes. there are numerous lawsuits that have been successful against walmart on the grounds that the company here and abroad has -- has violated laws, labor laws and others, because of the pressure they put on store managers and others to get their costs down, and walmart admitted it in 2008. they paid up over $500 million. >> it's a generalization for you to say that walmart, is you know, dealing in bribery and that's the way business is done, and, ken, i mean, can you
time lucky for bristol-myers squibb, already approval in canada and the european union and now it will give it blockbuster status. a rival drug to prodaxa. they will have to prove to doctors they need to come off another drug and in the clinical trial of 18,000 they found it did do a much better job. >> simon, thanks. >> it could be fiscal cliff-proof, the big trade you cannot avoid coming up next. >> and a montana rancher makes his voice heard on estate taxes. if we go over the cliff, he said it could put farms out of business. >> and the governor of montana will weigh in on that himself. more on that when we come back. stay tuned. [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will se
Search Results 0 to 5 of about 6